Active

$849,900

Features:
  • 6 Bedrooms
  • 8 Bathrooms
  • 4264 sq ft
Overview
  • ID: MFRK4902471
  • Bedrooms: 6
  • Bathrooms: 8
  • Size: 4264 sq ft
Property Details
Remarks
Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6895. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
Financial Considerations
Price:
$849,900
HOA Fee:
N/A
Tax Amount:
$10168
Price per SqFt:
$199.32
Tax Legal Description:
HIGHLAND PARK SUB PB 4 PG 70 S13 T30 R27 IN SEC 24 T30 R27 IN SEC 18 T30 R28 IN SEC 19 T30 R28 LOT 69 & ST SOUTH OF SAME & RIPARIAN RIGHTS
Exterior Features
Lot Size:
43085
Lot Features:
Gentle Sloping, In County, Landscaped, Street Dead-End, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
8
Heating:
Baseboard, Electric
Cooling:
Wall/Window Unit(s)
Appliances:
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Ceramic Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1923
Construction Type:
Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Outbuildings, Balcony, Other, Rain Gutters, Storage
Additional Features 2:
N/A
Map
  • Address
    1854 HIGHLAND PARK DR S #A-F
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